Title: Payroll Consultant in Delhi NCR - PowerPoint PPT Presentation

Description: Payroll processing starts with gathering of employee attendance information, in the form of reports received from HR of the company, for the required month. Payroll calculation includes benefits & deductions, for example, Provided Funds, ESI - Employee, Income Tax - TDS, etc. After that calculated salary transferred to the employee bank account or a cheque is prepared to hand over the same. Cost to Company (CTC) is calculated after adding various components, like employer share of PF, Bonus, and ESI for the purpose of maintaining accounts & books. – PowerPoint PPT presentation